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The Art of Charm

777: Negotiating: 4 Things You Must Know + Why Fighting For The Biggest Slice Doesn't Help

The Art of Charm

http://www.TheArtOfCharm.com

Business, Health & Fitness, Education

4.711K Ratings

🗓️ 9 September 2019

⏱️ 58 minutes

🧾️ Download transcript

Summary

The thought of negotiating can instill feelings of discomfort in many of us because we associate negotiating with trying to create a win for us and a loss for the person we are negotiating with, but how would that change if you had the knowledge and confidence to come up with a win-win for just about every negotiation you entered into? What to Listen For Where do the misconceptions surrounding negotiating come from and how can a few simple changes in perception improve your ability to negotiate? What is Prospect Theory and how does it cause you to miss out on great opportunities? What is Positional Bargaining? How are Positional Bargaining and Anchoring connected and how can the connection lead you Why will we work harder NOT to lose $100 than we will to earn an extra $100? How can you start improving your negotiating ability today? What is the Harvard Negotiation Project and how can you use your understanding of it to create more win-win negotiations? What are the 4 elements of a negotiation we should look at in order to create a win-win outcome for both parties? What are the boundary conditions of a negotation and how can being aware of them prevent you from losing out on great long term negotiation wins? How does focusing on interests rather than bargaining positions lead to a win-win in negotiations? We often feel uncomfortable with negotiating a better deal for ourselves because we believe a better deal for us means a worse deal for the other person. That belief, however, comes from focusing on each person’s bargaining positions rather than our interests. You can do this by focusing on the other person’s interests and what you can offer them that is of little value to you but could be of great value to them. This way you are able to negotiate a win for yourself now while making the immediate loss for the other person worthwhile because of what you can offer that person in another capacity. For example, if you negotiate a discount on a computer repair by offering to write the business owner a great review and tell your friends about them, you are making that discount a win for you and the business owner. A Word From Our Sponsors Share your vulnerabilities, victories, and questions in our 17,000-member private Facebook group at theartofcharm.com/challenge. This is a unique opportunity where everyone — both men and women — celebrate your accountability on the way to becoming the best version of yourself. Register today here! MyBookie is THE place to bet on football every weekend - they have live, in-game betting on every NFL game. They’ve got the most rewarding player perks in the business and for you fantasy guys out there, you can even bet the over/under on how many fantasy points a player will score each game. Go to MyBookie.ag and double your first deposit using promo code CHARM to activate the offer. Resources from this Episode Episode 774: The 3 Most Common Hurdles in Decision Making, And How to Avoid Them Episode 772: Dan Ariely: How to Defeat Indecision and Regret Episode 694: Becoming High Value Check in with AJ and Johnny! AJ on Instagram Johnny on Instagram The Art of Charm on Instagram The Art of Charm on YouTube

Transcript

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0:00.0

This is the Art at Charm Podcast, a show where we bring you actionable tips and strategies on how to

0:05.7

better connect socially, boost your intelligence and navigate social behavior. I'm AJ. And I'm

0:11.6

joining. Last month was all about decision making. We had a few of you write in about becoming more

0:18.1

decisive listening to those episodes. If you haven't had a chance, check out last month's episodes,

0:24.4

especially our toolbox episode where we go into our decision making process here at the Art at

0:30.2

Charm. Of course, this month means a new theme. Well, I just want to say I really enjoyed last

0:35.9

month. And it's of course it does tell in what we're going to be doing this month. But you know,

0:41.7

now we have a we have a few hundred thousand people who are going to know our thought processes on

0:48.4

how we go about making decisions. Yeah. Isn't that isn't that freaky at all? I try not to think

0:55.0

about that. Yeah. Personally, I think about talking to you across from me. And as long as it's not

1:00.2

falling on deaf ears, I'm pretty happy. Well, I had recently got an email saying that some the

1:06.9

the person who listens to the show really loves our stories and really feels like they get to know us.

1:11.7

And I'm like, yeah, that's that's a problem in itself where one way storytelling. Well, how much

1:19.6

stuff, you know, like we're so open about things that that people are able to put together, I think,

1:27.2

a pretty good picture of who we are as people though, but oh, knowing us, it kind of freaks me

1:33.6

out a little bit every once in a while when I actually think about it, which I try not to think about

1:38.7

at all. Well, thank you. Oh, great way to kick off this month's theme on negotiation, which is

1:44.4

essentially two parties coming to a decision together. So last month, we focused on your internal

1:50.3

decision making process. This month, we hopefully are going to change your perspective on how you

1:55.4

view negotiation. We're going to talk about creating high value outcomes for both parties.

2:00.4

And instead of going into negotiations with a win lose attitude, looking at things from a win,

2:06.5

win attitude. Now, this is the grand scheme that we've been working on here at the art

...

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